ACN Newswire
Read More

Keen Interest from Thai Business Community to Collaborate with Hong Kong on New Opportunities

indie
3 minutes

HONG KONG, Nov 21, 2022 - (ACN Newswire via SEAPRWire.com) - More than 200 Thai business leaders today joined a lunch seminar organised by the Hong Kong Trade Development Council (HKTDC) in Bangkok, affirming the Thai business community's confidence in Hong Kong's role to help businesses in the region grow and tap into opportunities in Hong Kong and Mainland China.The luncheon seminar was held today with the theme "Hong Kong-Thailand: Enterting a New Era of Opportunities". HKTDC Chairman Dr Peter K N Lam giving opening remarks.Supattanapong Punmeechaow, Deputy Prime Minister and Minister of Energy of the Kingdom of Thailand delivered remarks.Hong Kong business delegation led my HKSAR Chief Executive, John Lee, meets with the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Kingdom of Thailand, Han Zhiqiang, in Bangkok on 20 November.The seminar was organised as a key closing event of a high-level business mission to Bangkok, led by the Chief Executive of the Hong Kong Special Administrative Region (HKSAR), Mr John Lee, and supported by the HKTDC.Despite the pandemic, the Thai business community has shown keen interest in using Hong Kong as a spr...

JCN Newswire
Read More

A.P. Honda, Thai Honda Manufacturing and HPD have merged to form a new company named “Thai Honda Manufacturing” combining their sales and production capabilities

ruth
2 minutes

BANGKOK, Apr 1, 2021 - (JCN Newswire via SEAPRWire.com) - Honda announced an amalgamation of A.P. Honda Co., Ltd., Thai Honda Manufacturing Co., Ltd., and HPD Co., Ltd., a shareholding company, -- forming a new company named "Thai Honda Manufacturing Co., Ltd." The establishment of the new company was effective on the 31st of March 2021."This amalgamation will strengthen Honda motorcycle operations in Thailand, making the brand more responsive to customers and ready for future market needs" said Mr. Masayuki Igarashi, Chief Officer for Regional Operations (Asia & Oceania), Honda Motor Co., Ltd.The new company will combine the strengths of each company with a focus on delivering new motorcycles and power products that exceed customer expectations. This amalgamation will also eliminate redundancies, and increase speed and accuracy.Mr. Shigeto Kimura, former president of A.P. Honda Co., Ltd. will be in charge as the first president of the new company to ensure a smooth consolidation of sales and production sides.There will be no change in the distribution channel of Honda motorcycles and power products in Thailand for the time being. Honda Wing Center network will still distribute...

SeaPRwire
Read More

S-E Asian stocks regain shine on optimism over travel

elean
3 minutes

HONG KONG • South-east Asian stocks, hit particularly hard by the shutdown of tourism and other service industries, are making a comeback as optimism grows over a return to travel. The MSCI Asean Index has surged 14 per cent in an eight-day winning streak, almost double the 7.4 per cent rally in the MSCI Asia-Pacific Index over the same period. At its highest since March, the gauge of South-east Asian shares has narrowed the gap with its peers but still remains down about 14 per cent for the year. The broader Asian gauge is up 8 per cent. Investors are jumping on South-east Asian stocks as part of a global rotation into value and out of growth sectors after positive results from a Pfizer vaccine boosted sentiment. Governments across the region are looking to ease social distancing measures, with Singapore and Hong Kong announcing on Wednesday that they will start an air travel bubble, replacing quarantine with Covid-19 testing from Nov 22. "The vaccine news opens up sectors under great stress like airlines and hotels," Mr Leon Goldfeld, head of multi-asset solutions for the Asia-Pacific at JPMorgan Asset Management, said in a press briefing. "What we've seen is a massive rotation i...